OUE REIT prices $180m green notes due 2031

Proceeds will be used to fund OUE REIT’s green projects.

OUE REIT has priced $180m green notes at a fixed rate of 3.90% per annum, payable semi-annually in arrears.

The notes will be issued under the $2b Multicurrency Debt Issuance Programme and are set to mature in 2031.

Proceeds from this issue will be used to finance or re-finance, in whole or in part, new or existing eligible green projects aligned with the Green Bond Principles (2021) and Green Loan Principles (2023).

OCBC and DBS are the joint lead managers and bookrunners for this issuance.

The notes are currently expected to be issued on 26 September.

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OUE REIT Management Pte. Ltd.

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